Woodside Energy has achieved first gas from its Scarborough reservoir offshore Western Australia, feeding the Pluto LNG terminal, with the first cargo from Train 2 targeted for export in the fourth quarter of 2026.
Woodside Energy said on Monday it is not aware of any takeover proposal Exxon Mobil and is not engaged in any such discussions. There is no certainty Exxon will proceed with a bid, as both companies continue to collaborate on the Bass Strait project.
Australian energy giant Woodside has exercised its pre-emptive right to buy PetroChina’s 10.67% stake in the Browse gas field, blocking a deal with Japan’s Inpex. Browse is meant to underpin a development liking to Woodside’s North West Shelf LNG terminal, whose current gas resources are depleting.
Maintenance workers at Woodside Energy’s North West Shelf and Pluto LNG export plants in Australia went on strike late Wednesday after talks with contractor UGL collapsed. The NWS terminal in Karratha produces 14.3 mtpa of LNG, while Pluto has a capacity of 4.9 mtpa, making them a material source of Australian LNG supply.
Woodside is considering using its pre-emptive rights to veto Inpex’s farm-in to the Browse joint venture, as this move threatens to undermine feedgas supply for its North-West Shelf LNG export terminal. The deal is seen as a catalyst to shift Browse gas production away from the NWS LNG hub towards Inpex’s Ichthys LNG train in Darwin.
Woodside Energy's Australian LNG production faces disruption as union members voted to strike at the Pluto LNG 2 project, threatening the facility's planned second-half 2026 start-up.
Australia’s Woodside Energy is struggling to market volumes from its planned Louisiana LNG terminal, as its higher liquefaction fees put the 16.5 mtpa project at a disadvantage to US rivals.
Woodside Energy has brokered a deal with the Western Australian government to export nearly 3 mtpa more LNG from its Pluto liquefaction terminal in return for committing petajoules (PJ) of additional gas to the state's domestic market by 2029.
Woodside Energy is counting on the newly-arrived Scarborough floating production unit (FPU) to revert falling production at North West Shelf. The $16 billion FPU facility will process Scarborough gas via an export trunkline to Pluto LNG, with first cargo on track for summer 2026.
Japan’s biggest power generator JERA has signed a five-year Sale and Purchase Agreement (SPA) with Woodside Energy Trading Singapore to buy three LNG cargoes annually from 2027, securing winter supply of about 200,000 metric tons per year mainly sourced from Woodside’s Scarborough project.